SOCAR launches construction of polyethylene complex in Turkey
Azerbaijan’s state oil company is building the plant as part of a Turkish petrochemical program worth around $7 billion.
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Azerbaijan’s state oil company is building the plant as part of a Turkish petrochemical program worth around $7 billion.
SOCAR is launching construction of a polyethylene production complex in Aliaga, Turkey, as part of its wider petrochemical program in the country, JAMnews said. Polyethylene is a plastic used to make a range of products.
The roughly $7 billion figure covers SOCAR’s Turkish petrochemical program, not the cost of the Aliaga plant alone. The company has allocated $70 million for engineering design.
The plant is planned to have an annual capacity of 850,000 tonnes and use US technology developed by Univation Technologies. Engineering design is expected to be completed by the end of 2027; that timetable does not specify when production will begin.
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